OPEC Agrees to Meet With EU
To Discuss Price-Supply Problem

By

Jehan Senaratna Dow Jones Newswires

Updated Sept. 28, 2000 12:01 a.m. ET

CARACAS, Venezuela -- With industrialized countries trying to push oil prices much lower than the stable $25-per-barrel level it so desires for their lifeblood, the Organization of Petroleum Exporting Countries on Wednesday ended the first day of its two-day heads of state summit with a small victory.

OPEC President Ali Rodriguez announced there will soon be a meeting of OPEC and European Union officials, marking the first indications...